Coffee & Cocoa Close Market Review, March 18, 2011

NY cocoa sinks late on Gbagbo talk, sugar/coffee up :  NEW YORK, March 18 (Reuters) - U.S. cocoa futures endedFriday at a two-month low after talk that Ivory Coast's LaurentGbagbo may be open to negotiations to quit the presidency, which could allow beans from the top producer to reach the market.

COFFEE
* May arabica coffee futures increased 5.30 cents to  conclude at $2.762 per lb.
 

* On the week, the arabica market was up 0.65 percent.